Indonesia : Oil and Gas Sector Study
This study attempts to provide a broad, first cut review of the most pressing issues facing the sector, and to recommend ways to ameliorate or eliminate the problems. The main problems are: 1) petroleum product prices are heavily subsidized at the...
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| Language: | English en_US |
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Washington, DC
2013
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| Online Access: | http://documents.worldbank.org/curated/en/2000/06/437073/indonesia-oil-gas-sector-study http://hdl.handle.net/10986/15255 |
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okr-10986-152552021-04-23T14:03:15Z Indonesia : Oil and Gas Sector Study World Bank PETROLEUM PRODUCTS PETROLEUM PRICES CORPORATE RESTRUCTURING OIL & GAS INDUSTRY INEFFICIENCY LAW REFORM REGULATORY REFORM LEAD IN GASOLINE ENERGY SECTOR REFORM GOVERNMENT POLICY HYDROCARBONS POLICY OBJECTIVES AGGREGATE LEVEL AUTOMOTIVE DIESEL BARREL BARRELS OF OIL BARRELS PER DAY CAPITAL MARKETS CARBON COAL COAL RESOURCES COMPRESSED NATURAL GAS CPI CRUDE OIL DEBT DEMAND FOR ENERGY DEMAND FOR OIL ECONOMIC GROWTH ECONOMIC RENTS ECONOMIES OF SCALE ELECTRICITY ELECTRICITY PRICE ENERGY BALANCE ENERGY DIVERSIFICATION ENERGY PLANNING ENVIRONMENTAL ASPECTS ENVIRONMENTAL BENEFITS ENVIRONMENTAL DAMAGES ENVIRONMENTAL IMPACTS ENVIRONMENTAL REGULATIONS ENVIRONMENTAL STANDARDS EXCHANGE RATE EXPENDITURES FUEL FUEL OIL FUEL PRICE FUEL SUBSTITUTION FUELS GAS COMPANIES GAS COMPANY GAS CONSUMERS GAS CONTRACTING GAS DIVISION GAS INDUSTRY GAS LAW GAS LEGISLATION GAS MARKET GAS PIPELINE GAS PRICE GAS TRANSMISSION GAS UTILIZATION GAS UTILIZATION STUDY GASOLINE GROWTH IN DEMAND HYDROCARBON SECTOR IMPORTS INSURANCE KEROSENE LOW OIL PRICES MINES MOTOR GASOLINE NATIONAL ENERGY NATURAL GAS NATURAL GAS DEVELOPMENT NATURAL GAS RESERVES NATURAL GAS RESOURCES NATURAL RESOURCES NITROGEN OXIDES OIL OIL AND GAS OIL AND GAS SECTOR OIL COMPANIES OIL COMPANY OIL EQUIVALENT OIL INDUSTRY OIL PRICE OIL PRICES OIL PRODUCTS OIL RESERVES PARTICULATE MATTER PETROLEUM PETROLEUM GAS PETROLEUM INDUSTRY PETROLEUM MARKET PETROLEUM PRODUCT PETROLEUM PRODUCT PRICES PETROLEUM PRODUCTS PIPELINE PIPELINE INFRASTRUCTURE PIPELINES POWER PLANTS PRICE OF GAS PRIMARY ENERGY PRODUCERS PRODUCTION COSTS PUBLIC EXPENDITURES REFINERIES REFINING TAXATION TOTAL CONSUMPTION WASTE This study attempts to provide a broad, first cut review of the most pressing issues facing the sector, and to recommend ways to ameliorate or eliminate the problems. The main problems are: 1) petroleum product prices are heavily subsidized at the aggregate level and distorted at relative levels, and thus need to be rationalized within an economic framework; 2) the functions and role of the state oil and gas company (Pertamina) are problematic, and therefore Pertamina must be fundamentally restructured to eliminate the conflicts of interest and inefficiencies; 3) some of the provisions of the production sharing contracts are relatively regressive and need to be re-evaluated with a view to maximize the contribution of the sector to the economy, and to increase upstream investment by the private sector; 4) existing laws and regulations are inadequate and must be replaced; 5) petroleum products are of poor quality and must be improved, particularly by phasing out the lead from gasoline; and 6) energy sector institutions are weak and must be strengthened. Although the issues are complex and sweeping changes are needed, given the current political climate, this is an opportune time for Indonesia to begin the process. As a first step, preparing an official and comprehensive declaration of government policy for the hydrocarbon sector is critically important--needed are the vision for the sector, policy objectives, and policy actions required to solve the sector's problems. 2013-08-21T16:30:00Z 2013-08-21T16:30:00Z 2000-06 http://documents.worldbank.org/curated/en/2000/06/437073/indonesia-oil-gas-sector-study http://hdl.handle.net/10986/15255 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC East Asia and Pacific Indonesia |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
PETROLEUM PRODUCTS PETROLEUM PRICES CORPORATE RESTRUCTURING OIL & GAS INDUSTRY INEFFICIENCY LAW REFORM REGULATORY REFORM LEAD IN GASOLINE ENERGY SECTOR REFORM GOVERNMENT POLICY HYDROCARBONS POLICY OBJECTIVES AGGREGATE LEVEL AUTOMOTIVE DIESEL BARREL BARRELS OF OIL BARRELS PER DAY CAPITAL MARKETS CARBON COAL COAL RESOURCES COMPRESSED NATURAL GAS CPI CRUDE OIL DEBT DEMAND FOR ENERGY DEMAND FOR OIL ECONOMIC GROWTH ECONOMIC RENTS ECONOMIES OF SCALE ELECTRICITY ELECTRICITY PRICE ENERGY BALANCE ENERGY DIVERSIFICATION ENERGY PLANNING ENVIRONMENTAL ASPECTS ENVIRONMENTAL BENEFITS ENVIRONMENTAL DAMAGES ENVIRONMENTAL IMPACTS ENVIRONMENTAL REGULATIONS ENVIRONMENTAL STANDARDS EXCHANGE RATE EXPENDITURES FUEL FUEL OIL FUEL PRICE FUEL SUBSTITUTION FUELS GAS COMPANIES GAS COMPANY GAS CONSUMERS GAS CONTRACTING GAS DIVISION GAS INDUSTRY GAS LAW GAS LEGISLATION GAS MARKET GAS PIPELINE GAS PRICE GAS TRANSMISSION GAS UTILIZATION GAS UTILIZATION STUDY GASOLINE GROWTH IN DEMAND HYDROCARBON SECTOR IMPORTS INSURANCE KEROSENE LOW OIL PRICES MINES MOTOR GASOLINE NATIONAL ENERGY NATURAL GAS NATURAL GAS DEVELOPMENT NATURAL GAS RESERVES NATURAL GAS RESOURCES NATURAL RESOURCES NITROGEN OXIDES OIL OIL AND GAS OIL AND GAS SECTOR OIL COMPANIES OIL COMPANY OIL EQUIVALENT OIL INDUSTRY OIL PRICE OIL PRICES OIL PRODUCTS OIL RESERVES PARTICULATE MATTER PETROLEUM PETROLEUM GAS PETROLEUM INDUSTRY PETROLEUM MARKET PETROLEUM PRODUCT PETROLEUM PRODUCT PRICES PETROLEUM PRODUCTS PIPELINE PIPELINE INFRASTRUCTURE PIPELINES POWER PLANTS PRICE OF GAS PRIMARY ENERGY PRODUCERS PRODUCTION COSTS PUBLIC EXPENDITURES REFINERIES REFINING TAXATION TOTAL CONSUMPTION WASTE |
| spellingShingle |
PETROLEUM PRODUCTS PETROLEUM PRICES CORPORATE RESTRUCTURING OIL & GAS INDUSTRY INEFFICIENCY LAW REFORM REGULATORY REFORM LEAD IN GASOLINE ENERGY SECTOR REFORM GOVERNMENT POLICY HYDROCARBONS POLICY OBJECTIVES AGGREGATE LEVEL AUTOMOTIVE DIESEL BARREL BARRELS OF OIL BARRELS PER DAY CAPITAL MARKETS CARBON COAL COAL RESOURCES COMPRESSED NATURAL GAS CPI CRUDE OIL DEBT DEMAND FOR ENERGY DEMAND FOR OIL ECONOMIC GROWTH ECONOMIC RENTS ECONOMIES OF SCALE ELECTRICITY ELECTRICITY PRICE ENERGY BALANCE ENERGY DIVERSIFICATION ENERGY PLANNING ENVIRONMENTAL ASPECTS ENVIRONMENTAL BENEFITS ENVIRONMENTAL DAMAGES ENVIRONMENTAL IMPACTS ENVIRONMENTAL REGULATIONS ENVIRONMENTAL STANDARDS EXCHANGE RATE EXPENDITURES FUEL FUEL OIL FUEL PRICE FUEL SUBSTITUTION FUELS GAS COMPANIES GAS COMPANY GAS CONSUMERS GAS CONTRACTING GAS DIVISION GAS INDUSTRY GAS LAW GAS LEGISLATION GAS MARKET GAS PIPELINE GAS PRICE GAS TRANSMISSION GAS UTILIZATION GAS UTILIZATION STUDY GASOLINE GROWTH IN DEMAND HYDROCARBON SECTOR IMPORTS INSURANCE KEROSENE LOW OIL PRICES MINES MOTOR GASOLINE NATIONAL ENERGY NATURAL GAS NATURAL GAS DEVELOPMENT NATURAL GAS RESERVES NATURAL GAS RESOURCES NATURAL RESOURCES NITROGEN OXIDES OIL OIL AND GAS OIL AND GAS SECTOR OIL COMPANIES OIL COMPANY OIL EQUIVALENT OIL INDUSTRY OIL PRICE OIL PRICES OIL PRODUCTS OIL RESERVES PARTICULATE MATTER PETROLEUM PETROLEUM GAS PETROLEUM INDUSTRY PETROLEUM MARKET PETROLEUM PRODUCT PETROLEUM PRODUCT PRICES PETROLEUM PRODUCTS PIPELINE PIPELINE INFRASTRUCTURE PIPELINES POWER PLANTS PRICE OF GAS PRIMARY ENERGY PRODUCERS PRODUCTION COSTS PUBLIC EXPENDITURES REFINERIES REFINING TAXATION TOTAL CONSUMPTION WASTE World Bank Indonesia : Oil and Gas Sector Study |
| geographic_facet |
East Asia and Pacific Indonesia |
| description |
This study attempts to provide a broad,
first cut review of the most pressing issues facing the
sector, and to recommend ways to ameliorate or eliminate the
problems. The main problems are: 1) petroleum product prices
are heavily subsidized at the aggregate level and distorted
at relative levels, and thus need to be rationalized within
an economic framework; 2) the functions and role of the
state oil and gas company (Pertamina) are problematic, and
therefore Pertamina must be fundamentally restructured to
eliminate the conflicts of interest and inefficiencies; 3)
some of the provisions of the production sharing contracts
are relatively regressive and need to be re-evaluated with a
view to maximize the contribution of the sector to the
economy, and to increase upstream investment by the private
sector; 4) existing laws and regulations are inadequate and
must be replaced; 5) petroleum products are of poor quality
and must be improved, particularly by phasing out the lead
from gasoline; and 6) energy sector institutions are weak
and must be strengthened. Although the issues are complex
and sweeping changes are needed, given the current political
climate, this is an opportune time for Indonesia to begin
the process. As a first step, preparing an official and
comprehensive declaration of government policy for the
hydrocarbon sector is critically important--needed are the
vision for the sector, policy objectives, and policy actions
required to solve the sector's problems. |
| author |
World Bank |
| author_facet |
World Bank |
| author_sort |
World Bank |
| title |
Indonesia : Oil and Gas Sector Study |
| title_short |
Indonesia : Oil and Gas Sector Study |
| title_full |
Indonesia : Oil and Gas Sector Study |
| title_fullStr |
Indonesia : Oil and Gas Sector Study |
| title_full_unstemmed |
Indonesia : Oil and Gas Sector Study |
| title_sort |
indonesia : oil and gas sector study |
| publisher |
Washington, DC |
| publishDate |
2013 |
| url |
http://documents.worldbank.org/curated/en/2000/06/437073/indonesia-oil-gas-sector-study http://hdl.handle.net/10986/15255 |
| _version_ |
1764427270719537152 |